Current Thinking on Counteroffers: A Survey of Rewards and HR Professionals

Dow Scott, Thomas D. McMullen

Research output: Contribution to journalArticlepeer-review

Abstract

Developing a counteroffer strategy and a related set of administrative guidelines is a timely and essential topic for several reasons. First, a confluence of economic, technological and social forces is reshaping work and employment relationships in a very tight labor market. Unemployment rates have dropped to less than 4.5%, a level that has not been seen since the 2008–2009 recession. Unemployment rates are even lower for science, technology, engineering and math (STEM) jobs and leadership positions, making it even more difficult to attract and retain employees in these jobs.

Original languageAmerican English
JournalSchool of Business: Faculty Publications and Other Works
Volume26
Issue number3
StatePublished - Oct 1 2017

Keywords

  • Counteroffer strategy
  • administrative guidelines
  • unemployment rates

Disciplines

  • Business
  • Business Administration, Management, and Operations

Cite this